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55 Franklin Place

55 Franklin Place, Rutherford, NJ 07070
Property in Union
Sold Aug 28, 2023
$530,250
$477,000 by Nj Lenders Corp.
Mortgage Due Sep 01, 2053
Sold Aug 31, 2017
$375,000
$300,000 by Wells Fargo Bank Na
Mortgage Due Sep 01, 2047
55 Franklin Place in Rutherford, NJ was first built in 1959 and is 65 years old. This has been categorized as a residential property type. For those interested in architecture, the building on the property was built in a Cape Cod style. It is a single story home. 55 Franklin Place has 1,095 sqft of living area. This is typically the area of a building that is heated or air conditioned and does not include the garage, porch or basement square footage. The linear feet across the front of the lot is 800 ft and the linear feet between the front and back of the lot is 1,000. In total, the area measurement of the land is 8,002 square feet.

Learn more about the property and building on this page. For those who need parking, there is a garage. There is one available parking space. Fun fact, did you know that buildings can move due to weather changes? That's why, the type of control joints used in the construction of your home is extremely important. Based on our data, we know that the home was built with wood control joints. The exterior walls of the home are made of wood. The property was last sold in Jul 23, 2023 for $530,250. That's $484.25 per sqft. Prior to that sales transaction, the property was also sold in Aug 14, 2017 for $375,000. 55 Franklin Place was last assessed in 2023. The total value of the property was assessed at $439,100. Specifically, the land the property is located on was valued at $192,600. While improvements on the property were assessed at a total of $246,500. The total market value for this property is the same as the total assessed value as of this moment. The total amount of taxes due from a property owner is $10,257. Remember, the purchasing price for your future home is not the costs you'll incur during the purchasing process. That's why it's important to save as much as possible and presumbly above the 20% minimum you may need to put down as down payment. You will want these additional savings to cover closing costs such as attorney fees, homeowner's insurance, title search fees, origination fees, and more. Thankfully, sellers may sometimes offer to cover certain costs as seller concessions to the buyer. Just keep in mind that sellers have their own fees to pay as well. Unfortunately, this property is not currently listed for sale but our inventory of available properties is constantly updating in real time. Check back frequently for updates.

This property description is generated based on publicly available data.

Building Info

Overview

    General

  • Year Built: 1959
  • Effective Year Built: 1959
  • Bedroom Count: 0
  • Construction Type: Wood
  • Building Style: Cape Cod
  • Exterior Walls Type: Wood
  • Floor Count: 1
  • Living Units: 1
  • Basement Area: 0
  • Garage Type: Garage
  • Parking Space Count: 1

    Dimensions

  • Lot Size Square Feet: 8,002
  • Lot Size Depth Feet: 1,000
  • Lot Size Frontage Feet: 800
  • Total Building Area: 1,095
  • Building Area: 1,095
  • Building Area Measurement: Living Area

    Heating and Cooling

  • Air Conditioning: unknown
  • Heating: unknown
  • Heated Square Feet: 1,095
  • Heating Fuel Type: unknown

    Utilities

  • Sewer System: unknown
  • Water Service: unknown

Building

  • Property Class: Residential
  • Land Acres: 0.184
  • Standard Land Use Code: Single family residential

Ownership

  • Current Owner : FIORE AMANDA P
  • Current Owner 2: SCHIFF MORGAN DANIEL
  • Previous Owner : BRYANT DARRYL
  • Previous Owner 2: BRYANT LORIE
  • Owner Before Previous Owner: MALAVARCA HELEN
  • Owner Before Previous Owner 2: ESTATE OF RALPH MALAVARCA
  • Is Owner Occupied: Owner-occupied property
  • Ownership Rights Codes: Joint Tenants

Neighborhood

  • School District Name: Springfield Township School District
  • Census Tract: 037601

Geography

  • District: 17
  • Parcel: 17 01203-0000-00033
  • Block: 1203
  • Lot: 33
  • Municipality: SPRINGFIELD TWP
  • Latitude: 40.7061
  • Longitude: -74.3199

    Address

  • Full Address: 55 Franklyn Pl
  • Address - House Number: 55
  • Address - Street Name: Franklyn
  • Address - Suffix Type: Pl
  • State: NJ
  • City Name: Springfield
  • Carrier Code: C022
  • 4-Digit Zip Code: 2202
  • Zip Code: 07081

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $10,257

    Appraisal Valuation

  • Standard Deviation: 0.2214
  • Valuation Date: Apr 03, 2024
  • Confidence Score: 69
  • Final Value: 555,024
  • High Value: 677,959
  • Low Value: 432,089

    Open Liens

  • Total Open Liens: 1
  • Total Open Liens Amount: $477,000
  • First Open Lien Mortgage Lender: NJ LENDERS CORP.
  • First Open Lien Mortgage Recording Date: Aug 28, 2023
  • First Open Lien Mortgage Loan Amount: $477,000
  • First Open Lien Mortgage Term: 360
  • First Open Lien Mortgage Position: 1
  • First Open Lien Mortgage Loan Type: New Conventional
  • First Open Lien Mortgage Loan Due Date: Sep 01, 2053

    Market Valuation

  • Market Total Value: $439,100
  • Market Land Value: $192,600
  • Market Improvement Value: $246,500

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $439,100
  • Assessed Land Value: $192,600
  • Assessed Improvements Value: $246,500

    Sales

  • Current Sale Contract Date: Jul 23, 2023
  • Current Sale Recording Date: Aug 28, 2023
  • Current Sale Transaction ID: 11911846150
  • Current Sale Price: $530,250
  • Current Sale Document Type: Deed
  • Current Sale Input Document Number: 31664
  • Previous Sale Recording Date: Aug 31, 2017
  • Previous Sale Contract Date: Aug 14, 2017
  • Previous Sale Amount: $375,000
  • Previous Sale Document Type: Bargain and Sale Deed

    Last Sale Mortgage

  • First Mortgage Lender: NJ LENDERS CORP.
  • First Mortgage Transaction Date: Aug 28, 2023
  • First Mortgage Loan Amount: $477,000
  • First Mortgage Terms: 360
  • First Mortgage Loan Type: New Conventional
  • First Mortgage Loan Due Date: Sep 01, 2053

    Previous Mortgages

  • Previous Mortgage Lender: WELLS FARGO BANK NA
  • Previous Mortgage Transaction Date: Aug 31, 2017
  • Previous Mortgage Loan Amount: $300,000
  • Previous Mortgage Term: 360
  • Previous Mortgage Loan Type: New Conventional
  • Previous Mortgage Loan Due Date: Sep 01, 2047

About Union



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Frequently Asked Questions

What neighborhood is 55 Franklin Place located in?
The 55 Franklin Place is a located in the neighborhood of Union in Union, Rutherford.
What is the average sales price for listings in 55 Franklin Place?
The average sales price for units in 55 Franklin Place is $0 currently.

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